Busy SEC Eases ETF Rules, Lets More Cos. 'Test The Waters'

By Tom Zanki (September 26, 2019, 6:25 PM EDT) -- The U.S. Securities and Exchange Commission said Thursday it adopted rules that would make it easier to bring most exchange-traded funds to market, while also agreeing to allow more companies to communicate with select investors before an initial public offering.

Separately, the SEC also proposed to amend certain rules that would require brokers to obtain more current information before they can publish quotations regarding securities that trade over the counter, a move intended to combat fraud and manipulation of certain thinly traded stocks.

According to its website, the SEC unanimously approved all three items, which were originally scheduled to be voted...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!